Reduce Inherent Liability and Storage Costs of Data on Backup Tapes
Many organizations now understand the benefits of implementing proactive strategies for storing business-critical data by way of streamlined archiving systems, retention programs in place, and “hold” policies in effect to achieve routine good-faith operation of electronic systems. However, how does your organization address the volumes of data being stored on mountains of backup tapes that were created long before these proactive methods were implemented? What you don’t know could hurt you.
RenewData’s Backup Tape Liability Management Service enables corporations to proactively approach the liability issues and costs of storing thousands of backup tapes. This service enables corporations like yours to know what type of data exists and where it resides – allowing for the potential reduction of large amounts of data while increasing your corporation’s ability to identify data deemed not reasonably accessible.
IT and Compliance Executives
As an IT or compliance executive at a large corporation, you need to reduce the costs and manage the burdens associated with large backup tape inventories. Maintaining volumes of data on backup tape means incurring compounded storage costs, and attempting to restore, extract, or delete data using internal IT resources can be exceedingly difficult, if not impossible, because of the obsolete formats, software, and hardware likely used when the backup tapes were created.
RenewData’s Backup Tape Liability Management Service enables IT departments to more efficiently respond to Legal teams when e-discovery requests arise — especially those involving historical data — by having detailed information on-hand regarding what data your corporation has and where is it located, while dramatically reducing the overall volume of media in storage within the parameters of your corporation’s retention policies.
Attorneys and Litigation Support Managers
As an attorney or litigation support manager at a large corporation, you are responsible for managing and storing business-critical data only as long as necessary to meet legal and regulatory requirements – and not one minute longer. While choosing to preserve everything or taking a “hands-off” approach can appear to be the easiest route, maintaining this ever-growing volume of data on backup tapes can dramatically increase your potential for exposure during litigation.
RenewData’s Backup Tape Liability Management Service includes analysis, deduplication, reduction, and consolidation of documents on these backup tapes in order to reduce the dormant liability associated with storing historical data, with respect to your corporate legal requirements for preservation.
